FxWirePro: Natural gas outlook – big inventory cushion

Dec 10, 2015 13:34 pm UTC| Commentary

Natural gas pricerose last night,trying to build onto Tuesdays comeback, after Mondays mega selloffs, however that effort by the bulls not only got thwarted, price closed in red and in downward move today. We have been...

OPEC output rises as Saudi produces at record pace

Dec 10, 2015 13:05 pm UTC| Commentary

There seems to be no respite for oil as November report showed, output from oil producers cartel OPEC production edged up further. OPEC oil ministers last week met in Vienna. While production cut was expected by some in...

Moderate recovery likely in Chinese economy

Dec 10, 2015 12:37 pm UTC| Commentary Economy

A moderate recovery in Chinese manufacturing is expected in coming quarters. PMI figures of the economy indicate the production is below the actual demand. Since the inventory level reduced, the production growth is...

Japan’s FSA Scrutinizes Real Estate Lending By Regional Banks

Dec 10, 2015 12:22 pm UTC| Commentary Economy

Last month, Japan Times reported that due to strong demand for redevelopment projects in the Tokyo and growing asset management needs of individuals, real estate loans extended by banks are rising in Japan. The...

RBNZ monetary policy – assessing the bias

Dec 10, 2015 12:08 pm UTC| Commentary Central Banks

Reserve bank of New Zealand (RBNZ) has reduced policy rates today by 25 basis points and brought the overnight cash rate (OCR) to 2.5%. New Zealand Dollar, moved up despite policy reduction as market is expecting a big...

Markets agree on Fed hike next week, labor market key to understand tightening bias

Dec 10, 2015 11:32 am UTC| Commentary Central Banks

FOMC meets next week, and it is now more than certain that the Fed will rates from near zero, with probabilities around 85%, which is as close as the market can price it ahead of the meeting. Attention now is moving away...

BOE’s monetary policy preview

Dec 10, 2015 11:09 am UTC| Commentary Central Banks

Bank of England (BOE) is scheduled to announce its monetary policy at 12:00 GMT, will release minutes of meeting along with. Pound is heading higher ahead of monetary policy announcement and is best performing major...